The global high purity gases market was valued at USD 19,741.7 Million in 2014, and is projected to grow at a CAGR of 6.2% from 2015 to 2020. The increasing demand in various applications such as metal production, oil & gas, chemical, electronics, medical & healthcare, and food & beverage are the major factors driving the growth of the high purity gases industry. Additionally, with rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe, there is a rapidly increasing need for high purity gases. The noble gases segment is the fastest-growing segment on the basis of product.

The research methodology used to estimate and forecast the security analytics market begins with capturing data on key vendor revenues through secondary research. The bottom-up procedure was employed to arrive at the overall market size of the global security analytics market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:

This report estimates the size of the high purity gases market in terms of volume (kiloliters) and value (USD million). In this report, the market has been segmented broadly on the basis of product, manufacturing process, storage & distribution and transportation, function (insulation, illumination, and cooling), end-use, and region. The market drivers, restraints, opportunities, and challenges have been discussed in detail. The share of participants in the overall market has also been discussed in detail.

Scope of the Report

This research study categorizes the global high purity gases market based product, manufacturing process, storage & distribution and transportation, function, end-use, and region:

Based on product:

High atmospheric gases

Noble gases

Carbon gases

Other gases

Halogen

Chlorine

Fluorine

Based on manufacturing process:

Air separation unit

Hydrogen production

Based on storage & distribution and transportation:

Cylinder & packaged gas distribution

Merchant liquid distribution

Tonnage distribution

Based on function:

Insulation,

Illumination and

Cooling

Based on end-use:

Metal production

Oil & gas

Chemical

Electronics

Medical & healthcare

Food & beverage

Others

Aerospace

Automotive

Laboratories

Glass

Diving

Based on region:

North America

Europe

Asia-Pacific

Rest of the World (RoW)

Saudi Arabia

Brazil

Argentina

Others

Available Customizations

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Product Analysis

Product matrix which gives a detailed comparison of product portfolio of each company

7 High Purity Gases Market, By Product (Page No. - 70) 7.1 Introduction 7.2 High Atmospheric Gases 7.2.1 High Atmospheric Gases Market, By End Use 7.2.1.1 Rising Demand From Electronics Sector is Driving the High Atmospheric Gases Segment for High Purity Gases Market 7.3 Noble Gases 7.3.1 Noble Gases Market, By End Use 7.3.1.1 Increasing Metal Production Drives the Noble Gases Segment for High Purity Gases Market 7.4 Carbon Gas 7.4.1 Carbon Gases Market, By End Use 7.4.1.1 Carbon Gases Segment is Projected to Grow With the Food & Beverage Sector 7.5 Others 7.5.1 Other Gases Market, By End Use 7.5.1.1 Extensive Application of Chlorine and Fluorine is Expected to Drive the Other Gases Segment

9 High Purity Gases Market, By Manufacturing Process (Page No. - 89) 9.1 Introduction 9.2 Air Separation Technology 9.2.1 Air Separation Technology Market, By End Use 9.2.1.1 Electronics Dominated the Air Separation Technology Market in 2014 9.3 Hydrogen Production 9.3.1 Hydrogen Production Market, By End Use 9.3.1.1 Increasing Metal Production Drives the Hydrogen Production Market for High Purity Gases

12 High Purity Gases Market, By Region (Page No. - 109) 12.1 Introduction 12.2 Asia-Pacific 12.2.1 Asia-Pacific: High Purity Gases Market, By Country 12.2.1.1 China Dominated the Asia-Pacific High Purity Gases Market in 2014 12.2.2 Asia-Pacific: High Purity Gases Market, By Product 12.2.2.1 Noble Gases Dominated the Asia-Pacific High Purity Gases Market in 2014 12.2.3 Asia-Pacific: High Purity Gases Market, By Function 12.2.3.1 Insulation is Growing at the Highest CAGR During the Forecast Period 12.2.4 Asia-Pacific: High Purity Gases Market, By Manufacturing Process 12.2.4.1 Air Separation Technology Dominated the Asia-Pacific High Purity Gases Market in 2014 12.2.5 Asia-Pacific: High Purity Gases Market, By Storage & Distribution and Transportation 12.2.5.1 Cylinder & Packaged Gas Distribution is the Most Preferred Form of Storage & Distribution and Transportation 12.2.6 Asia-Pacific: High Purity Gases Market, By End Use 12.2.6.1 High Purity Gases are Widely Used in Electronics Followed By Metal Production Industry 12.2.7 China 12.2.7.1 China: High Purity Gases Market, By Product 12.2.7.1.1 Noble Gas Held Largest Market Share in 2014 12.2.7.2 China: High Purity Gases Market, By End Use 12.2.7.2.1 Electronics Industry Coupled With Rising Metal Production Industry Drives Chinas High Purity Gases Market 12.2.8 Japan 12.2.8.1 Japan: High Purity Gases Market, By Product 12.2.8.1.1 Noble Gases is Estimated to Have the Highest Demand in Japan 12.2.8.2 Japan: High Purity Gases Market, By End Use 12.2.8.2.1 Electronics is Projected to Be the Fastest-Growing for High Purity Gases in Japan 12.2.9 India 12.2.9.1 India: High Purity Gases Market, By Product 12.2.9.1.1 Wide Application of Noble Gases Drive the High Purity Gases Market in India 12.2.9.2 India: High Purity Gases Market, By End Use 12.2.9.2.1 Booming Electronics Industry Due to Massive Production of Semiconductor Devices Drives the High Purity Gases Market in India 12.2.10 South Korea 12.2.10.1 South Korea: High Purity Gases Market, By Product 12.2.10.1.1 High Atmospheric Gases Held the Largest Market Share in 2014 in South Korea 12.2.10.2 South Korea: High Purity Gases Market, By End Use 12.2.10.2.1 Electronics Segment is Estimated to Dominate the High Purity Gases Market in South Korea 12.2.11 Rest of APAC 12.2.11.1 Rest of APAC: High Purity Gases Market, By Product 12.2.11.1.1 Noble Gases Estimated to Dominate the High Purity Gases Market in Rest of APAC 12.2.11.2 Rest of APAC: High Purity Gases Market, By End Use 12.2.11.2.1 Rising Demand of Electronics Products in Thailand and Indonesia Drives the High Purity Gases Market in Rest of APAC 12.3 North America 12.3.1 North America: High Purity Gases Market, By Country 12.3.1.1 U.S. Led the High Purity Gases Market in North America 12.3.2 North America: High Purity Gases Market, By Product 12.3.2.1 High Atmospheric Gases are Most Widely Used in North America 12.3.3 North America: High Purity Gases Market, By Function 12.3.3.1 Insulation Dominated the North American Market 12.3.4 North America: High Purity Gases Market, By Storage & Distribution and Transportation 12.3.4.1 Cylinder & Packaged Gas Held the Largest Market Share in North America 12.3.5 North America: High Purity Gases Market, By End Use 12.3.5.1 Electronics Segment Dominated Followed By Metal Production Segment in North America 12.3.6 U.S. 12.3.6.1 U.S.: High Purity Gases Market, By Product 12.3.6.1.1 Noble Gas is Estimated to Be the Fastest-Growing in U.S. 12.3.6.2 U.S.: High Purity Gases Market, By End Use 12.3.6.2.1 Electronics Boom in U.S. Drives the High Purity Gases Market in the Region 12.3.7 Canada 12.3.7.1 Canada: High Purity Gases Market, By Product 12.3.7.1.1 High Atmospheric Gases Held the Largest Market Share in U.S. 12.3.7.2 Canada: High Purity Gases Market, By End Use 12.3.7.2.1 Electronics is Projected to Dominate the High Purity Gases Market in U.S. 12.3.8 Mexico 12.3.8.1 Mexico: High Purity Gases Market, By Product 12.3.8.1.1 Noble Gases Segment to Grow at the Highest CAGR in Mexico. 12.3.8.2 Mexico: High Purity Gases Market, By End Use 12.3.8.2.1 Mexican High Purity Gases Market, By End Use, Was Dominated By Electronics Segment in 2014 12.4 Europe 12.4.1 Europe: High Purity Gases Market, By Country 12.4.1.1 Germany Held the Largest Market Share in 2014 12.4.2 Europe: High Purity Gases Market, By Product 12.4.2.1 Noble Gases Most Widely Used Product in 2014 12.4.3 Europe: High Purity Gases Market, By Function 12.4.3.1 Insulation Functionality is Growing at Highest CAGR 12.4.4 Europe: High Purity Gases Market, By Manufacturing Process 12.4.4.1 Air Separation Technology Occupied Largest Share in the European Market 12.4.5 Europe: High Purity Gases Market, By Storage & Distribution and Transportation 12.4.5.1 Cylinder & Packaged Mode of Gas Distribution is Projected to Grow at Higher Rate 12.4.6 Europe: High Purity Gases Market, By End Use 12.4.6.1 Electronics Dominated Followed By Metal Production Segment in Europe 12.4.7 Germany 12.4.7.1 Germany: High Purity Gases Market, By Product 12.4.7.1.1 Noble Gases to Grow at the Highest CAGR During the Forecast Period in Germany 12.4.7.2 Germany: High Purity Gases Market, By End Use 12.4.7.2.1 German High Purity Gases Market, By End Use, Was Dominated By Electronics Segment in 2014 12.4.8 France 12.4.8.1 France: High Purity Gases Market, By Product 12.4.8.1.1 Noble Gases Held the Largest Share in France 12.4.8.2 France: High Purity Gases Market, By End Use 12.4.8.2.1 France is Projected to Grow at the Highest Rate 12.4.9 U.K. 12.4.9.1 U.K.: High Purity Gases Market, By Product 12.4.9.1.1 Noble Gases the Fastest-Growing Segment in High Purity Gases Market in U.K. 12.4.9.2 U.K.: High Purity Gases Market, By End Use 12.4.9.2.1 Electronics Drive the High Purity Gases Market in U.K. 12.4.10 Italy 12.4.10.1 Italy: High Purity Gases Market, By Product 12.4.10.1.1 Noble Gases Projected to Grow at Higher Rate in Italy 12.4.10.2 Italy: High Purity Gases Market, By End Use 12.4.10.2.1 Italian High Purity Gases Market Was Dominated By Electronics in 2014 12.4.11 Rest of Europe 12.4.11.1 Rest of Europe: High Purity Gases Market, By Product 12.4.11.1.1 Noble Gases is Estimated to Dominate the High Purity Gases Market in Rest of Europe 12.4.11.2 Rest of Europe: High Purity Gases Market, By End Use 12.4.11.2.1 Electronics Segment Held the Largest Share in Rest of Europe 12.5 RoW 12.5.1 RoW: High Purity Gases Market, By Country 12.5.1.1 Saudi Arabia Held the Largest Market Share in 2014 12.5.1.2 RoW: High Purity Gases Market, By Product 12.5.1.2.1 Noble Gases Dominated the RoW High Purity Gases Market in 2014 12.5.1.3 RoW: High Purity Gases Market, By Function 12.5.1.3.1 Insulation Functionality is Growing at Highest CAGR From 2015 12.5.1.4 RoW: High Purity Gases Market, By Manufacturing Process 12.5.1.4.1 Air Separation Technology Held the Largest Share in RoW 12.5.1.5 RoW: High Purity Gases Market, By Storage & Distribution and Transportation 12.5.1.5.1 Cylinder & Packaged is the Most Preferred Mode of Storage & Distribution in RoW 12.5.1.6 RoW: High Purity Gases Market, By End Use 12.5.1.6.1 Electronics to Grow at Highest CAGR From 2015 12.5.2 Saudi Arabia 12.5.2.1 Saudi Arabia: High Purity Gases Market, By Product 12.5.2.1.1 Noble Gases is the Fastest-Growing Segment in Saudi Arabia 12.5.2.2 Saudi Arabia: High Purity Gases Market, By End Use 12.5.2.2.1 Metal Production is the Fastest-Growing Segment for High Purity Gases Market in Saudi Arabia 12.5.3 Brazil 12.5.3.1 Brazil: High Purity Gases Market, By Product 12.5.3.1.1 Noble Gases Growing at Highest CAGR From 2015 12.5.3.2 Brazil: High Purity Gases Market, By End Use 12.5.3.2.1 High Purity Gases Market Was Dominated By Electronics Segment in 2014 12.5.4 Argentina 12.5.4.1 Argentina: High Purity Gases Market, By Product 12.5.4.1.1 High Atmospheric Gases has the Largest Share in 2014 12.5.4.2 Argentina: High Purity Gases Market, By End Use 12.5.4.2.1 High Purity Gases in Argentina Was Dominated By Electronics Segment in 2014 12.5.5 Other Countries in RoW 12.5.5.1 Other Countries in RoW: High Purity Gases Market, By Product 12.5.5.1.1 High Purity Gases Market in Other Countries in RoW Was Dominated By Noble Gases in 2014 12.5.5.2 Other Countries in RoW: High Purity Gases Market, By End Use 12.5.5.2.1 Electronics Held the Largest Share in 2014

The high purity gases market size is projected to grow from USD 20,836.6 Million in 2015, to USD 28,164.0 million by 2020, at a CAGR of 6.2% from 2015 to 2020. The high purity gases industry is increasing proportionally with the overall industrial gas industry. The development of economies plays an essential role in increasing the demand for high purity gases in the global market. High purity gases are used in industries such as electronics, metal production, chemical, and oil & gas among others for functions such as insulation, illumination, and cooling.

Advancements in terms of new and environment-friendly technologies and products in the market are also expected to create strong investment opportunities for the global players. Regulatory and structural instructions are expected to be the strongest restraints for the industry. High cost of gas processing is the major challenge, whereas fluctuating demand patterns and advancements of alternative technologies are projected to be the burning issues for the market.

Air separation technology is the fastest-growing segment on the basis of manufacturing process during the forecast period. Air separation technology is widely used in high purity gases and finds a wide range of applications in the metal production, electronics, and chemical industries as it is a fully automated system. High purity oxygen, nitrogen, argon, and rare gases (helium, neon, and krypton) are primarily produced using the cryogenic technology of air separation, liquefaction, and distillation.

Noble gases has the largest market due to its wide application for the forecast period. Helium, argon, and krypton (noble gases) are widely used as makeup gas in gas chromatography, spectroscopy, metal production, and in laboratory research. Krypton is principally shipped and used in gaseous form for excimer lasers, light bulbs, window insulation, and laboratory research.

North America dominated the market and accounted for 34.1% of the market size in 2014, followed by Europe and Asia-Pacific at 28.5% and 26.1%, respectively. The Asia-Pacific region is the most attractive market for high purity gases owing to the increasing growth of chemical and electronics industries in the region. The growth of this region is supplemented by the expansion of the metal production industry, coupled with the growing medical/health care industry in developing economies such as India and China

The high purity gases market is dominated by large firms such as Praxair Inc. (U.S.), Airgas Inc. (U.S.), The Linde Group (Germany), Air Liquide S.A. (France), and Air Products and Chemicals Inc. (U.S.). Other players in this market include Iwatani Corporation (Japan), Messer Group (Germany), Iceblick Ltd. (Ukraine), Matheson Tri-Gas Inc. (U.S.), and Advanced Specialty Gases Inc. (U.S.). The key strategies adopted by the players in the high purity gases market are mergers and acquisitions, new product/ service launches, expansions and investments, and agreements, joint ventures, and collaborations. The leading players in the high purity gases market are focusing on emerging countries that are estimated to show potential for industrial development in the near future.

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